Ekobot AB (OSTO:EKOBOT) Interest Expense : kr-0.54 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Ekobot AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ekobot AB's interest expense for the three months ended in Mar. 2024 was kr -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-0.54 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Ekobot AB's Operating Income for the three months ended in Mar. 2024 was kr -20.24 Mil. Ekobot AB's Interest Expense for the three months ended in Mar. 2024 was kr -0.12 Mil. Ekobot AB did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ekobot AB Interest Expense Historical Data

The historical data trend for Ekobot AB's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ekobot AB Interest Expense Chart

Ekobot AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.03

-0.16

-0.27

-1.41

-1.31

Ekobot AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial													-0.89	-0.18	-0.13	-0.11	-0.12

Ekobot AB Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-0.54 Mil.

Ekobot AB (OSTO:EKOBOT) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ekobot AB's Interest Expense for the three months ended in Mar. 2024 was kr-0.12 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-20.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr3.25 Mil.

Ekobot AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Ekobot AB did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Ekobot AB (OSTO:EKOBOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ekobot AB (OSTO:EKOBOT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

0NT:Germany

Address

Slakterigatan 10, Vasteras, SWE, 721 32

Website

https://www.ekobot.se

Ekobot AB is an agriculture research company engaged in developing, manufacturing, and selling autonomous agricultural robots that enable efficient precision farming where weed management takes place without or with minimal use of herbicides. It has focused on providing the agricultural sector with a long-term sustainable alternative for reducing chemical spraying in crops for human consumption.

Ekobot AB (OSTO:EKOBOT) Headlines

No Headlines